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they're hearing president obama does not have the answer. they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear high the market, even as we worry and wring our hands over those issues. why do you think that is? >> well, i think that investors have been through a difficult decade, especially equity investors in the united states have suffered some real turmoil in their returns, and they've been bombarded by these messages that generate fear. they're legitimate concerns. the world is a very uncertain place. so we're telling -- >> who's buying -- that's the question, who's doing the buying right now? >> i don't think i have a perfect answer for you on that. i can't identify all the buyers ou
they're hearing president obama does not have the answer. they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear high the market, even...
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Oct 5, 2012
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president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the stock market. a stock you know very well. hewlett-packard. stock has been punished. meg whitman, the new ceo, is coming under fire. here's what she said. >> i'm confident 2013 will be the bottom of the turn around. then you can look forward, i think, to good growth in 2014 and 2015 as those products kick in, the i think vestments we're making in things like i.t., sales, organization, and training. those things will start to kick in. i really think 2014 will be quite a bright year for hp. >> what do you think of what she said? do you have any sympathy for her? >> first of all, of course. any ceo who's in a tough position, it's a very you have to job. there's no question, as i've said before, that meg whitman was dealt a very tough hand because of a lack of investment in product development and research and development by previous
president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the stock market. a stock you know very well. hewlett-packard. stock has been punished. meg whitman, the new ceo, is coming under fire. here's what she said. >> i'm confident 2013 will be the bottom of the turn around. then you can look forward, i think, to good growth in 2014 and...
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Oct 6, 2012
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for the first time since president obama took office, the nation's unemployment rate is now less than 8%. the unexpected news seemed to buoy the president on the campaign trail, who took advantage of the announcement that the american economy created 114,000 jobs last month. >> more americans entered the workforce. more people are getting jobs. >> this country has come too far to turn back now. >> conservatives, though, took to social media to accuse the obama administration of doctoring those numbers. republican nominee mitt romney did not go that far, but did say the reason for drop in the unemployment rate is because americans have just stopped looking for work. >>> the mom accused of abandoning her 10-year-old daughter inside of a local safeway store after a botched shoplifting attempt was in court today. and nbc bay area has learned investigators believe this mom did the same thing just go weeks earlier and got away with it. the prosecutor says marci ariko pulled the same stunt at the same morgan hill safeway store. the difference is the first time she allegedly went into the sto
for the first time since president obama took office, the nation's unemployment rate is now less than 8%. the unexpected news seemed to buoy the president on the campaign trail, who took advantage of the announcement that the american economy created 114,000 jobs last month. >> more americans entered the workforce. more people are getting jobs. >> this country has come too far to turn back now. >> conservatives, though, took to social media to accuse the obama administration...
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Oct 1, 2012
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bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between john kerry who might have done himself some good with his speech at the democratic national convention, and susan rice is somebody who is often mentioned. now, this recent flap over libya and what the united states said or did not say about the situation there might have damaged her prospects a little bit. we'll have to watch that one, on the romney side robert zoellick, former world bank president and richard haass, president of the council of foreign relations mention there had and treasury secretary we talked about some of the names for the oba
bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between...
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> welcome back. it's not hard to tell when hedge fund manager david einhorn told investors today that he thinks chipotle's stock is short. my next guest couldn't disagree more with the short call. he's damon vickers. good to have you on the program, damon. thanks for joining us. why do you think you're right? >> well, yeah, you named it. look, i think we own chipotle. we also own yum brands. his assertions, one by one, seem kind of an empty bag. they don't really hold much water. >> so let's talk about some of those assertions, damon. einhorn is citing competition from taco bell as part of his reason for recommending the short of chipo
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> welcome back. it's not hard to tell when hedge fund manager david einhorn told...
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president obama will press him on that. by the same token, p obama says he wants to cut the corporate rate from 35 to 28. he hasn't specified how he's going to pay for that. on jobs, you can expect to hear mitt romney talk about on net since january 2009 when barack obama took office, hardly any jobs created. barack obama will talk about a time line beginning in early 2010. since then, 4 million private sector jobs have been created. finally, medicare, the big issue threatening go bankrupt the budget long term. mitt romney is proposing a substantial change that would include vouchers. he hasn't said how much they'd grow over time. president obama has not said whether or not he's going to propose the same kind of changes like raising the eligibility age for medicare that he tried in those unsuccessful grand bargain talks with house speaker john boehner last year, maria. >> all right, jauohn. thank you so much. my next guest is making the argument that business leaders don't make the best president. what may be good for wall
president obama will press him on that. by the same token, p obama says he wants to cut the corporate rate from 35 to 28. he hasn't specified how he's going to pay for that. on jobs, you can expect to hear mitt romney talk about on net since january 2009 when barack obama took office, hardly any jobs created. barack obama will talk about a time line beginning in early 2010. since then, 4 million private sector jobs have been created. finally, medicare, the big issue threatening go bankrupt the...
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Oct 3, 2012
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so they say he is really going to take it to obama on the obama record over these past four years. and one of the points they are going to make is he made a lot of promises to voters in 2008. they are going to say he hasn't kept those promises. i talked about the fact that one of the other problems that romney has got is likability. that people like obama more than they like romney. the romney camp says they are not worried about likability. they want him to stay on offense tonight and they expect it to get very heated. >> shepard: what about on the president's part? i think the president knows he going to have to play defense on his record. unemployment is high. g.d.p. growth is very low. where they think they can take it to romney is on his plans. they have say there are a lot of holes as you just heard stefanie cutter in ed henry's report. they say a lot of these things don't add up. romney is the guy who wants to give more tax cuts to wealthy and give vouchers to seniors for medicare. they are really going to try to poke holes in romney's record going forward. a lot of republic
so they say he is really going to take it to obama on the obama record over these past four years. and one of the points they are going to make is he made a lot of promises to voters in 2008. they are going to say he hasn't kept those promises. i talked about the fact that one of the other problems that romney has got is likability. that people like obama more than they like romney. the romney camp says they are not worried about likability. they want him to stay on offense tonight and they...
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obama's favorite banker. and later health care, a major issue for americans in the presidential candidates, the coo of mt. sinai, ken david, is going to join us. a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-34
obama's favorite banker. and later health care, a major issue for americans in the presidential candidates, the coo of mt. sinai, ken david, is going to join us. a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent...
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that's where barack obama wants to focus. he will accuse mitt romney of seeking $4 trillion, $5 trillion in additional tax cuts for the wealthy while raising taxes on the middle class. there will be a lot of talk about that because mitt romney disputes that he would be cutting taxes -- excuse me, raising taxes on the middle class. at the same time, he's challenged. obama's challenge is not to be too cocky. with good reason, he gets cocky sometimes. he's got to be careful that he doesn't is a moment like he had in the new hampshire debate in 2008 where he said hillary is likable enough. he has to avoid that kind of characteristic. mitt romney, on the other hand, what mitt has to do is prove that he's a human being, that he's a tin man who has found a heart, who cares about people other than his social class. and secondly, he has to put barack obama on the defensive. a big challenge there for him because the two are mutually contradictory. >> we're just looking at pictures there of mitt romney sans jacket, so trying to prove th
that's where barack obama wants to focus. he will accuse mitt romney of seeking $4 trillion, $5 trillion in additional tax cuts for the wealthy while raising taxes on the middle class. there will be a lot of talk about that because mitt romney disputes that he would be cutting taxes -- excuse me, raising taxes on the middle class. at the same time, he's challenged. obama's challenge is not to be too cocky. with good reason, he gets cocky sometimes. he's got to be careful that he doesn't is a...
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if obama wins, we're going to go over the fiscal cliff because the republicans and obama aren't going to agree, we'll go out there and roll back the bush tax cuts, we're going to do this, have sequestered stuff or whatever and so that's going to hurt. >> how would he triangulate if he wins and they lose some of the house, say the democrats keep the senate, how would he triangulate to work with the other side? you don't think he'd let them go for another year or two? >> eventually he's going to have to, but he's going to get pushed into it and things are going to happen that are going to scare the heck out of us before we get there. >> what if romney, how does he screw it up? >> if romney wins it will look like, the stock market is going to say this is great, go up for a little while and people are going to say wait a second, this is austerity. it's going to look like the uk, look like europe. >> because we're 25% of gdp, he's not going to let us stay there, right? >> exactly. >> you'd see many more cuts if he's in, is that good long-term? >> much better long-term. you could argue that
if obama wins, we're going to go over the fiscal cliff because the republicans and obama aren't going to agree, we'll go out there and roll back the bush tax cuts, we're going to do this, have sequestered stuff or whatever and so that's going to hurt. >> how would he triangulate if he wins and they lose some of the house, say the democrats keep the senate, how would he triangulate to work with the other side? you don't think he'd let them go for another year or two? >> eventually...
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Oct 4, 2012
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democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can keep it going or whether president obama comes out with a higher level of aggression, higher level of energy in the next debate and stop the momentum that romney accumulated last night. >> okay. yeah, i had so many different thoughts, john, as we watched the whole thing. i remember that a lot of republicans were supporting newt gingrich because just for this moment, they wanted -- they thought newt was such a great debater, they wanted to see someone like newt talk to president obama about his policies and about the last four years. and they thought newt would
democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can...
SFGTV: San Francisco Government Television
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Oct 8, 2012
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that president obama announced that the expansion of the downtown ferry terminal behind us in the if herry building has been identified on his list as two critical transportation projects in the state of california and his plan is to expedite these two projects through better coordination of the federal, local and state governments in order to put americans to work building a 21st century infrastructure and providing california with more transportation choices. and the san francisco downtown ferry project is something that is spearheaded by the san francisco bay water emergency transportation authority. and they have been doing a great job and their project will improve the land side facilities and allow up to 6 new ferry bursts and as many as 10,000 per day, and so they have been working a draft, eir, eif which we hope to see in the beginning of the calendar year and they have been working with the port and partner and bc bc and so that is one of really great things that we see moving forward now in a expedited fashion. >> that leads me for introduce you the partner that wants to gi
that president obama announced that the expansion of the downtown ferry terminal behind us in the if herry building has been identified on his list as two critical transportation projects in the state of california and his plan is to expedite these two projects through better coordination of the federal, local and state governments in order to put americans to work building a 21st century infrastructure and providing california with more transportation choices. and the san francisco downtown...
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Oct 1, 2012
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romney was going to fact check president obama as obama made false statements, as obama always does make false statements. >> oh, come on. >> do you think romney will fact check him or is that too cheeky or snarky in a debate? >> romney has been preparing for the debate. he knows the issues, he knows the data. what they're trying to do is get romney to pull back and go back to that big vision. >> what vision? where is it? >> tax breaks, 20% across the board. >> that was beautiful the way you got that out. hold on. you can see the whole presidential debate here on cnbc wednesday night, coverage begins at 7:00 p.m. here on the kudlow report here on the debate. and i will be participating all night. the next three months after the activists on the supreme court turned left and upheld obama care, now judge john roberts is tanned, rested, ready and is back. the next question is will the supremes going to the right or get back to the left side of the street. all that next on kudlow. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion s
romney was going to fact check president obama as obama made false statements, as obama always does make false statements. >> oh, come on. >> do you think romney will fact check him or is that too cheeky or snarky in a debate? >> romney has been preparing for the debate. he knows the issues, he knows the data. what they're trying to do is get romney to pull back and go back to that big vision. >> what vision? where is it? >> tax breaks, 20% across the board....
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new slow began, we can't afford four more years of president barack obama. and in a new ad out today, mitt romney is accusing president barack obama of raising new taxes and planning new tax increases if he gets another term. >> liberals pay for government run healthcare, you will pay more for taxes and for your medicine. >> reporter: campaign staffers say he has lowered taxes and his claim is mostly true, both candidates are spending the day off the campaign trail practicing for tomorrow's big day. mitt romney is softening his stance on a key immigration issue and now he is saying he will honor temporary work permits, allow them to stay in the united states because of president barack obama's recent executive order. reporting live from washington d.c., allison burns, ktvu channel 2 morning news. >> don't forget, we will bring you the coverage live and the debate will be followed by a special addition of our ktvu news. >>> and they are warning about identity theft after several male thefts were reported in novato. 2 dozen mailboxes were reported on school ro
new slow began, we can't afford four more years of president barack obama. and in a new ad out today, mitt romney is accusing president barack obama of raising new taxes and planning new tax increases if he gets another term. >> liberals pay for government run healthcare, you will pay more for taxes and for your medicine. >> reporter: campaign staffers say he has lowered taxes and his claim is mostly true, both candidates are spending the day off the campaign trail practicing for...
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obama inherited a $1.2 trillion deficit when he came into office. you in the president increased that to $1.4 trillion deficit, but the deficits have stayed just under that. they've stayed very high, but they've been just under that for the next couple of years. he hasn't doubled it. >> reporter: these were just a few of the misleading claims flagged by fact check. and they may have found sounded familiar. >> as facts checkers, we've heard these claims over and over again. there wasn't a whole lot new in last night's debate. >> reporter: don't be surprised when you hear similar claims in the remaining debates. one topic that will surely come up again, the alleged $5 trillion tax cut in governor romney's plan. it's important to note there is no $5 trillion estimate. a nonpartisan tax policy center only forecast cuts for one year under romney's plan, $4 5 billion in 2015 -- $415 billion in 2015. not factoring in tax deductions or loopholes. sam brock, nbc bay area. back to you. >> thank you very much, sam. >>> still ahead at 6:00, we're on the road to
obama inherited a $1.2 trillion deficit when he came into office. you in the president increased that to $1.4 trillion deficit, but the deficits have stayed just under that. they've stayed very high, but they've been just under that for the next couple of years. he hasn't doubled it. >> reporter: these were just a few of the misleading claims flagged by fact check. and they may have found sounded familiar. >> as facts checkers, we've heard these claims over and over again. there...
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obama's policies dangerous. both sides are downplaying expectations, giving credit to each other as strong debaters. >> obama is going to be formidable and ike it will be a good debate but i certainly would not underestimate what barack obama brings. >> he's a good debater. i'm just okay. but what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing. >> both sides are already planning their post debate rallies. romney is in virginia with paul ryan on thursday. president obama is staying in colorado. >> wednesday night big one, number one. >> thursday morning will be big here. >> a lot to talk about. >>> a bay area haven to techies has now been saved from closure. we'll have the details coming up next. >>> plus after three straight days of talks, we'll tell you if the sharks are going back on the ice any time soon. >>> and we're looking at traffic back on 880 here. a smooth drive through fremont. let's see how the roadways are going coming up. >>> welcome ba
obama's policies dangerous. both sides are downplaying expectations, giving credit to each other as strong debaters. >> obama is going to be formidable and ike it will be a good debate but i certainly would not underestimate what barack obama brings. >> he's a good debater. i'm just okay. but what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing. >> both sides are already planning their post debate rallies. romney is...
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and the market may or may not be pricing in an obama re-election. that's all going to potentially change during the debates. it will either go higher or lower. i think at the end of the day, the election is a short term mover of the marketplace and we would look for that volatility to add positions that we have a lot of conviction in. >> we've got to leave it there. tom, leo, thank you very much for kicking off our show. >> thank you very much. >>> so, what are you, america, doing with your money. how are you changing your investments, your 401(k). right? a lot? a little? not at all? we make our tests hard here on street signs. you can go to streetsigns.cnbc.com. or tweet us your responses or send a very well trained pigeon. >> yes. >>> a market flash not delivered by pigeon but by word of mouth. >> good afternoon, guys. we're watching shares of service now, ticker now. looking at a downgrade from ubs. they took the stock from neutral to sell with a price target of $28. the firm is saying while they aren't questioning the strong fundamentals, they d
and the market may or may not be pricing in an obama re-election. that's all going to potentially change during the debates. it will either go higher or lower. i think at the end of the day, the election is a short term mover of the marketplace and we would look for that volatility to add positions that we have a lot of conviction in. >> we've got to leave it there. tom, leo, thank you very much for kicking off our show. >> thank you very much. >>> so, what are you,...
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a lot of people thought they'd start beginning to president obama. i hear they're not doing that, but they are diverting money that was promised to mitt romney and diverting it to these house and senate races where they think they can help republicans keep the house and maybe pick up seats in the senate, maybe take the senate. ashley: so they're losing heart in the campaign. >> reporter: clearly there is a trend out there where they are, and the money is starting to shift. now, this trend is lot of people -- these same people that i'm talking to, i will say these are major fundraisers for mitt romney, and they raise for other people, republicans, and not only that, they are pretty tight inside the campaign. what they're saying is they think this trend could be reversed. what could reverse this trend? a really good debate performance. what could expedite -- and that debate, as you know, comes wednesday. what could expedite this trend? a really lousy debate performance. ashley: no pressure. >> reporter: you're clearly going to see republican donors, at
a lot of people thought they'd start beginning to president obama. i hear they're not doing that, but they are diverting money that was promised to mitt romney and diverting it to these house and senate races where they think they can help republicans keep the house and maybe pick up seats in the senate, maybe take the senate. ashley: so they're losing heart in the campaign. >> reporter: clearly there is a trend out there where they are, and the money is starting to shift. now, this trend...
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the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#:
the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm...
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obama well within reach of the 270 electoral votes needed for a win with ohio and iowa now among the states he would carry. romney would need to quickly gain the upper hand in nearly all of the nine states where he and the president are competing the hardest. >>> you can see the first debate between mitt romney and president obama right here on abc7. abc news, your voice, your vote. live debate coverage begins at 6:00 p.m. this wednesday. the u.s. supreme court will begin their new term tomorrow and the justices may weigh in on proposition 8. just as clarence thomas and colleagues attended a red mass at the cathedral in washington d.c., the church hosts the annual mass to pray for the judges. the court will hear arguments on october 10th that could further limit or even end affirmative action for college admission. also an appeal to sustain prop 8 could be heard in november. california voters approved a ban on same-sex marriage four years ago. >>> a messy situation on stage proves justin bieber is one dedicated performer. the story ahead and plus a portion of san francisco is now ora
obama well within reach of the 270 electoral votes needed for a win with ohio and iowa now among the states he would carry. romney would need to quickly gain the upper hand in nearly all of the nine states where he and the president are competing the hardest. >>> you can see the first debate between mitt romney and president obama right here on abc7. abc news, your voice, your vote. live debate coverage begins at 6:00 p.m. this wednesday. the u.s. supreme court will begin their new...
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we cannot afford four more years of barack obama. we're not going to have four more years of barack obama. >> the road to the white house runs through ohio, that's why the candidates have made more than 30 visits here already. the fact is that in this huge country, the election will be decided in just a few places like this. this is the most expensive presidential race ever. the two parties have already spent more than $1 billion in all, much of it focused on just eight of america's 50 states. over a third of the money has been spent on political adverts aimed at swaying undecided voters, roughly a million people, around 3% of those who plan to vote. >> maybe instead of attacking others on taxes, romney should come clean on his. >> trying to reach these vital voters, the two campaigns have spent $116 million on tv ads in ohio alone, most attacking their opponent. >> fewer americans are working today than when president obama took office. >> but if the air war is important, the ground war could be important. an emotional opening of th
we cannot afford four more years of barack obama. we're not going to have four more years of barack obama. >> the road to the white house runs through ohio, that's why the candidates have made more than 30 visits here already. the fact is that in this huge country, the election will be decided in just a few places like this. this is the most expensive presidential race ever. the two parties have already spent more than $1 billion in all, much of it focused on just eight of america's 50...
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Oct 1, 2012
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. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outcome. but wiser minds will see the wisdom of helping the fed in its efforts to stimulate asset prices by not onerously raising taxes on the most important asset class other than homes. >> have you actually calculated a number? you said it would give back some of the rally. but is there a number or a percentage? >> 12-month price target is 1,500. we've written in our research that 1,600 would be a reasonable 2013 end. i need to see an acceleration in global growth. >> contingent on both, not just the tax issue? >> both. somewhere between 1,500 and 1,600. >> david, thank you for being with us. >>
. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on...
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Oct 3, 2012
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today both president obama and governor romney stayed out of the spotlight. instead, preparing for their debate. but their running mates hit the trail in swing states. vice president biden said team romney would hike middle class taxes, while congressman ryan swung back. >> how they can justify raising taxes on the middle class has been buried the last four years. >> the obama economic agenda failed not because it was stopped. it failed because it was passed. >> the university of denver will host the debate tomorrow. you can watch it here live on nbc bay area. the topic for this first debate is domestic policy around the moderator is jim lehr. >>> a massive recall for a list of popular peanut butter brands is expanding tonight. new mexico-based sunland is now adding more store brand names to its recall list. the company provides peanut butter and other nut products to major chains. some of the brand names include target's archer farms, safe waive open nature and fresh and easy. also on the list are nature valley, earthbalance and serious food. the recall firs
today both president obama and governor romney stayed out of the spotlight. instead, preparing for their debate. but their running mates hit the trail in swing states. vice president biden said team romney would hike middle class taxes, while congressman ryan swung back. >> how they can justify raising taxes on the middle class has been buried the last four years. >> the obama economic agenda failed not because it was stopped. it failed because it was passed. >> the university...
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Oct 2, 2012
10/12
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it's enough that i'm not barack obama. it's enough that i'm a business guy who is running for president and people should just vote for me because they have no reason to like obama. if he goes in with that attitude, i frankly think that's a loser. i think he has to go in and talk about the future and if he's going to talk about the future and what kind of country he wants us to have, he's got to be specific about these concrete issues. what are you going to do with medicare? >> hold on for one second, though, obama has not laid out a specific plan. obama has put out a cap for medicare, but he hasn't said do you want to raise the eligibility age that you talked about with john boehner. we can assume he will, but he hasn't said so. >> he has a specific plan for medicare, you may say it's not enough, not going to work, but he has a specific plan for medicare involving this thing called the ipad and a lot of things we're not going to get into. >> no, that's not the totality of his plan. he said he's going to do more but he has
it's enough that i'm not barack obama. it's enough that i'm a business guy who is running for president and people should just vote for me because they have no reason to like obama. if he goes in with that attitude, i frankly think that's a loser. i think he has to go in and talk about the future and if he's going to talk about the future and what kind of country he wants us to have, he's got to be specific about these concrete issues. what are you going to do with medicare? >> hold on...
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on wednesday president obama and mitt romney will face-off. both camps are trying to down play expectations. >> reporter: president obama is in nevada working to secure votes in the battleground state. >> hello las vegas. >> reporter: one of nine must win states and polls show a tight race. >> if you stand with me and work with me we will win again. we will win nevada again. we will win this election again. >>> the president is spending the next couple days cramming for the first of three debates. >> i know folks in the media are speculating on who will have the best zingers. mitt romney is a good debater. i am just okay. >> reporter: mitt romney began practicing in june and continued prepping tuesday. chris christie said mitt romney's performance will turn the race upside down. >> you will say we have a barn burner now. >> reporter: mitt romney's run -- paul ryan dialed back expectations. >> i don't think one event is going to make or break the campaign. >> reporter: paul ryan says mitt romney will lay out the choice voters have, especially w
on wednesday president obama and mitt romney will face-off. both camps are trying to down play expectations. >> reporter: president obama is in nevada working to secure votes in the battleground state. >> hello las vegas. >> reporter: one of nine must win states and polls show a tight race. >> if you stand with me and work with me we will win again. we will win nevada again. we will win this election again. >>> the president is spending the next couple days...
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Oct 1, 2012
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is it because president obama is going over. gnc. >> he said yesterday and no other than nevada, and las vegas where he was four hours after the ambassador was killed. he got on the plane and did a campaign stop. >> steve: it is infuriating. >> gretchen: we had taken out a top al-qaida leader who was. i don't know if you can link it directly to osama bin laden. >> eric: we have taken out leaders over the last 11 years 9/11 they wanted to make a statement. >> steve: while the president can't push the economy but can push foreign affairs. different story from our commander in afghanistan and the guy who runs afghanistan as well despite what the president said about al-qaida, they have bad news. >> al-qaida has come back and a resilient organization. they are not here in large numbers . they don't have to be anymore in large numbers. >> the reason for nato invasion was terrorism . terrorism has not gone away. it has increased. >> steve: that is not helpful for the president and his men. look what he's doing with foreign policy. >>
is it because president obama is going over. gnc. >> he said yesterday and no other than nevada, and las vegas where he was four hours after the ambassador was killed. he got on the plane and did a campaign stop. >> steve: it is infuriating. >> gretchen: we had taken out a top al-qaida leader who was. i don't know if you can link it directly to osama bin laden. >> eric: we have taken out leaders over the last 11 years 9/11 they wanted to make a statement. >> steve:...
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Oct 3, 2012
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he has a little bit, $50 billion from seniors and obama care to pay for some of obama care, but the rest of it will have to be covered by cost reduction, which he's fought every step of the way for taxes. >> i wonder, howard, can you -- is it possible to win the argument where you say, all right, i'm rich, i got, you know, i've got an elevator for my cars. i know how to fix this and make it good for the middle class and look like -- maybe you're not as attached to the empathy, or is it better to be the president and say i really care, i just don't know how to do anything. >> neither one of them is good. look, the reason the numbers have gotten so much better for obama in terms of who is the best deal for the economy, whoever thought that would be even at this point. is simply because people think the president cares about them and they don't think that about mitt romney. >> incompetent doesn't help. >> we really have gained 4 million jobs, i grant you from the down -- >> no business experience in his administration, doesn't seem to be private-sector oriented, more interested in governmen
he has a little bit, $50 billion from seniors and obama care to pay for some of obama care, but the rest of it will have to be covered by cost reduction, which he's fought every step of the way for taxes. >> i wonder, howard, can you -- is it possible to win the argument where you say, all right, i'm rich, i got, you know, i've got an elevator for my cars. i know how to fix this and make it good for the middle class and look like -- maybe you're not as attached to the empathy, or is it...
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my observation on the defense companies feeling the hate from the obama administration on the timing of potential job cuts. wait until you hear the details of what's happening now. >>> up next, what will move your money first thing tomorrow morning? three of wall street's top money pros here tell you what they're watching, on the other side of this break. stay with us. ♪ [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [ male announcer ] the all-new lexus es 350. ♪ >>> all right, welcome back, 30 seconds on the clock, our next guest telling us what they think will move the markets tomorrow morning. we get right to it right now. ubs, steven nicholas, and good to have you on the program, everybody. let's kick it off with you, what are you looking at tomorrow? 30 seconds on the clock. >> well, if you're watching emerging markets, look out for brazil industrial production tomorrow morning at 8:00 a.m. probably mark the 12th straight month of contracting ip, going back to last september. this probably is most importantly f
my observation on the defense companies feeling the hate from the obama administration on the timing of potential job cuts. wait until you hear the details of what's happening now. >>> up next, what will move your money first thing tomorrow morning? three of wall street's top money pros here tell you what they're watching, on the other side of this break. stay with us. ♪ [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [...
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Oct 5, 2012
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obama has delivered. critics seized on another line in mr. obama's virginia speech in which he denied believing in an entitlement society which he doesn't believe people are entitled to succeed. aides suggest the opposite. >> we don't believe that anybody is ensilenttitled to sus in this country. we believe in opportunity where hard work pays off and responsibility is rewarded and everybody is getting a fair shot. >> here in ohio, where early voting has already begun, today's jobs report may have more impact than the one that comes out a few days before the election and that's a plus for the president since ohio is generally a must-win for romney. >> wendell goler travelling in cleveland. and following romney's strong performance in the debate, what happens now? here is chief political correspondent, carl cameron. >> reporter: with a month before election day, unemployment below 8% for the first time in the obama era, mitt romney called it too little, too late and too high since so many have stopped looking for work. >> the truth is if the sa
obama has delivered. critics seized on another line in mr. obama's virginia speech in which he denied believing in an entitlement society which he doesn't believe people are entitled to succeed. aides suggest the opposite. >> we don't believe that anybody is ensilenttitled to sus in this country. we believe in opportunity where hard work pays off and responsibility is rewarded and everybody is getting a fair shot. >> here in ohio, where early voting has already begun, today's jobs...
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Oct 1, 2012
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KRON
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temple's eddie said he is a terrific the major. >> why would carry say he is better than obama? they're trying to lower expectations. they will while you right here on kron4 with all the highlights of the debate and we'll be showing the debate as well. meantime let's take a look of the latest poll it shows pretty much a dead heat 48.7% to 48.6% this is the latest they have and the polls. you can see it right here we will study the highlights what if you flip over to kind cast 193 or 4.2247 news channel you can see the entire debate as that first presidential debate gets under way on wednesday. >> with election day a little more than a month away we have some potentially crop troubling cases of boater registration fraud. the republican party has tied a third party firm to get people register to vote. the firm is under investigation for producing questionable voter registration forms they may not have been completely accurate. hundreds and possibly thousands of of for eln day in, they need to make sure that that information is correct. >> our nation's busiest highway is open again
temple's eddie said he is a terrific the major. >> why would carry say he is better than obama? they're trying to lower expectations. they will while you right here on kron4 with all the highlights of the debate and we'll be showing the debate as well. meantime let's take a look of the latest poll it shows pretty much a dead heat 48.7% to 48.6% this is the latest they have and the polls. you can see it right here we will study the highlights what if you flip over to kind cast 193 or...
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Oct 7, 2012
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. >>> september was a blockbuster fundraising month for president obama. the campaign announced it raised $181 million. that's the highest monthly total of the re-election campaign. the monthly haul was likely boosted by tv exposure during the democratic national convention. a romney campaign spokesman said it has not released the september totals but noted in a tweet that romney raised $12 million in the 48 hours after the debate. both candidates are still talking about the latest unemployment numbers. the jobless rate is now below 8%. the president was thrilled with the news while the republican nominee was skeptical. >> more americans are entering the work forceful more americans are getting jobs. >> the number of people in america, the participation of our adults in the work force were the same as at the time he got elected. why our unemployment rate would be 11%. >>> president obama is set to return to the bay area monday night. he will be fundraising at a concert in san francisco at the bill graham auditorium along with some high priced private fund-
. >>> september was a blockbuster fundraising month for president obama. the campaign announced it raised $181 million. that's the highest monthly total of the re-election campaign. the monthly haul was likely boosted by tv exposure during the democratic national convention. a romney campaign spokesman said it has not released the september totals but noted in a tweet that romney raised $12 million in the 48 hours after the debate. both candidates are still talking about the latest...
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you have more energy that barack obama. now we are coming back to you a little laterr on in the show and talk about romney. we tried to talk about barack obama. undecided voters switch the topic. we'll get back to it. back to you. >> steve: minutes before the top of the hour. the president debuted a new catch phrase. economic patriotism where the rich pay more. is that what it means to be patriotic. we'll ask a member of the president's finance team. and a high school heist that was all too real for julianne moore, you will find out more straight ahead. ♪ . note you got to change your evil ways, baby. ♪ before i start loving you. ♪ you have on got to change, baby. ♪ and every word. by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouffer's. >> gretchen: the president argued last night for a new economic patriism. this was in the debate. what does that mean? here is the president. >> governor romney has a perspective
you have more energy that barack obama. now we are coming back to you a little laterr on in the show and talk about romney. we tried to talk about barack obama. undecided voters switch the topic. we'll get back to it. back to you. >> steve: minutes before the top of the hour. the president debuted a new catch phrase. economic patriotism where the rich pay more. is that what it means to be patriotic. we'll ask a member of the president's finance team. and a high school heist that was all...
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obama with 51% support compared to 44% for mitt romney. the poll surveyed voters in more than half a dozen states. susan mcginnis joins us live. >> reporter: good morning. everybody is getting sick of these polls. it is what they show that the president has within reach the 270 electoral votes needed to win. he is still coming under lots of criticism over handling of foreign affairs >> more than 11,000 people packed a high school in las vegas sunday night to listen to president obama. >> we'll win nevada again. we'll win this election against. >> last scheduled appearance before the first presidential debate on wednesday. >> governor romney he's a good debater. i'm just okay. >> romney fit in another rehearsal after church in boston on sunday. he's not practicing since june. his running mate paul ryan says this will not be a defining moment. >> i don't think one event is going to make or break this campaign. >> parentally not everyone got the memo to downplay expectations >> thursday morning you are going to be scratching your heads and sa
obama with 51% support compared to 44% for mitt romney. the poll surveyed voters in more than half a dozen states. susan mcginnis joins us live. >> reporter: good morning. everybody is getting sick of these polls. it is what they show that the president has within reach the 270 electoral votes needed to win. he is still coming under lots of criticism over handling of foreign affairs >> more than 11,000 people packed a high school in las vegas sunday night to listen to president...
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Oct 5, 2012
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. >> you're more worried that obama might lose now? >> no, not really. >> obama strategists hint the boss learned a lesson. >> he'll review it, if he wants to make some changes in the next debate, he'll do so. >> romney strategists claim all the change about their guy was his audience. >> people, i think saw for the first time, a lot of people, not in a 30 second attack ad or in a 12 second snip et on the news, but got to hear him indirectly. >> romney's hoping the debate strengthens his poll numbers in battleground states. tomorrow there's a new factor, a jobs report expected to help president obama by showing fewer layoffs. in denver, colorado, i'm steve handlesman, nbc bay area news. now for a look at how social media reacted to last night's debate. let's go to business and tech editor scott budman. >> thank you very much. last night wasn't just about which candidate won, it was also about the dominance of what we often call the second screen. social networking pulled in a huge number of debate watchers, nearly 11 million tweets sen
. >> you're more worried that obama might lose now? >> no, not really. >> obama strategists hint the boss learned a lesson. >> he'll review it, if he wants to make some changes in the next debate, he'll do so. >> romney strategists claim all the change about their guy was his audience. >> people, i think saw for the first time, a lot of people, not in a 30 second attack ad or in a 12 second snip et on the news, but got to hear him indirectly. >>...
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Sep 30, 2012
09/12
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KGO
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obama holding a lead at six points. >> this ballgame for mitt romney right now. if he didn't do well it will be hard for him to get back. >> reporter: both candidates have check lists. romney has to avoid appearing detached. his to-do list. show compassion, that he is confident and he can, indeed, connect to voters. >> all three of those things, he suffered over the last couple of months, especially the last couple of weeks. so in those three "c"'s that is where he has to do well. >> and team obama knows it can be a game changer. president has to look strong and not passive and avoid appearing impatient and don't be long winded. >> they are trying to get him to answer questions right to the point. it's like his style and way he comes across. >> president obama is in nevada this morning where he'll spend the next three days in the debate camp. with so much riding on wednesday's debate, the question remains can mitt romney turning the polls around? on this week, chris christie says, yes, he expects romney to do just that. >> every time mitt romney has to confronted
obama holding a lead at six points. >> this ballgame for mitt romney right now. if he didn't do well it will be hard for him to get back. >> reporter: both candidates have check lists. romney has to avoid appearing detached. his to-do list. show compassion, that he is confident and he can, indeed, connect to voters. >> all three of those things, he suffered over the last couple of months, especially the last couple of weeks. so in those three "c"'s that is where he...
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that debate begins at 6:00 p.m. >>> president obama makes one fund raising visit next week. a week from monday he will host a dinner in san francisco. now to dine with the president will set you back $20,000 a plate. that campaign has not yet announced the musical guest. >>> our election coverage continues at 10:30, we look at the proposition that eases the state's tough three strikes sentencing law. that if approved could lead to the release of thousands of inmates. >>> san francisco mayor ed lee was on hand earlier this evening to kick off the 30th annual oracle open world user conference. larry ellison delivered the opening dress debuting new cloud computing products. 50,000 people are expected to attend the week long event at masconi center. the area around howard street is expected to be blocked and drivers will likely experience delays. the event is expected to bring in an influx of cash to retailers. >> it has a really huge impact to the city. i think it brings a lot of revenue and we're lucky to have it. >> reporter: open world runs through october 4th. >>> more deta
that debate begins at 6:00 p.m. >>> president obama makes one fund raising visit next week. a week from monday he will host a dinner in san francisco. now to dine with the president will set you back $20,000 a plate. that campaign has not yet announced the musical guest. >>> our election coverage continues at 10:30, we look at the proposition that eases the state's tough three strikes sentencing law. that if approved could lead to the release of thousands of inmates....
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obama doesn't care. i think he is coming out looking very bad, larry. >> i want to get a quick take before we bring the members in here. to me, this guy is a cheap shot artist. he may be representing obama you wants a cheap shot to go after the banks and where are the kudos for jp morgan that did this and put this together at a time when everything was unravel elling. >> the federal government was under pressure for the euro europeons. andrew cuomo preceded snyder man and declined to use the act. this is the same evidence that he looked over and said i'm not going ahead with this and there are cases and -- let me get this straight. he decided the evidence wasn't there. snyder man looked at it and he is playing cheap politics. >> that is your opinion. >> he has become a good governor of new york and said no go. and this guy says no go and we are on the eve of an election and jp morgan did the lord's work. somebody had to stock the hemorrhaging. >> there is fraud here. no question about it. who is responsi
obama doesn't care. i think he is coming out looking very bad, larry. >> i want to get a quick take before we bring the members in here. to me, this guy is a cheap shot artist. he may be representing obama you wants a cheap shot to go after the banks and where are the kudos for jp morgan that did this and put this together at a time when everything was unravel elling. >> the federal government was under pressure for the euro europeons. andrew cuomo preceded snyder man and declined...
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Sep 30, 2012
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obama takes no interest in this. rick, when was the last time you even heard president obama talk about growth? >> let me actually switch -- let me switch to mark now. mark, what do you think of the obama tax plan? >> well, look, i don't know if obama has really a tax plan, but i don't think the problem is taxes here. i think the problem is people don't have an income. the reason they don't have an income, they don't have jobs. we have a demand problem in the economy, not a tax problem. cutting taxes, if you have no income, does not make any difference. we need to stimulate demand. how can we stimulate demand? we can do it in a variety of ways, but cutting taxes is not going to get us where we want to go. >> victoria, the message of mitt romney, and a lot of people, is if you overhaul this complex tax code and get the incentives back in, that will help small businesses, particularly go out, build their businesses, and hire more people. >> i think that's absolutely true. business owners, small and large, are holding b
obama takes no interest in this. rick, when was the last time you even heard president obama talk about growth? >> let me actually switch -- let me switch to mark now. mark, what do you think of the obama tax plan? >> well, look, i don't know if obama has really a tax plan, but i don't think the problem is taxes here. i think the problem is people don't have an income. the reason they don't have an income, they don't have jobs. we have a demand problem in the economy, not a tax...